The process of leaving assets and funds to loved ones may get more complicated than families expect. Even if Nevada families go through the proper processes and ensure that everything is handled when it comes to estate planning, the estate administration process can...
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Estate Administration
Steps to take for proper estate administration
Estate administration can be a complicated and confusing process, as many Nevada couples may already know. This is why it is especially important to ensure that every proper document is in place, and that the administrator knows how to handle his or her role after the...
Estate administration requires collecting assets, paying debts
When someone dies, the need arises to determine whether an estate must be filed and administered. Where the decedent has left a will and there are significant assets that he owned at death, the estate must be filed. The same applies if there is no will but there are...
Nevada probate allows creditor claims during specified period
Michael Jackson is a name that is well known to our readers in Nevada. He gained fame as a child star in the Jackson 5 musical group and continued on to become the 'King of Pop.' The talented singer was also the subject of many assertions of sexual abuse and even a...
Nevada estate planning includes the use of many available options
There are many reasons that people in Nevada enter into the estate planning process. In many cases, they turn to commonly used tools such as wills and trusts as they begin estate planning. However, one recent article notes that are additional steps to be taken to...
Man in Nevada leaves millions but no estate planning
Many people in Nevada know that one of the most popular reasons for people to create an estate plan is to ensure that their assets go to the people they want them to when they die. An individual can make his or her intent clear by using estate planning tools such as...
Nevada residents should value their assets before death
There are many different aspects to estate planning. Some commonly used estate planning tools include a will or trust. With such a document, a Nevada resident can detail how he or she wishes to distribute their assets upon death. In addition, a will can be used to...
Spiritual estate planning a growing trend in Nevada
Estate planning takes different forms for many people attempting to accomplish this goal in Nevada. For some, the need to pass on their values as well as their assets is strong. For such people, a new trend of spiritual estate planning may be appealing. This type of...
Probate and estate litigation: “Thriller” claim settled
Many readers in Las Vegas will recall that singer Michael Jackson's death in the summer of 2009 sparked much controversy. At the time of his death, the singer was being sued by several people and owed an estimated $500 million in debts. After his death, his estate has...
Girlfriend, wife fight over artist Thomas Kinkade’s estate
When a wealthy person dies in Nevada, sometimes a court battle is waged over the estate. The ligation most often happens in the probate court and can cover many issues. This was the case recently after the death of famous artist Thomas Kinkade.At the time of his...